Contact us   Feedback   Subscription   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Extracts
Home List
← Previous Next →

The Union Finance Minister Arun Jaitley expresses concern over the unprecedented delay in implementation of the 14th General Review of Quotas of International Monetary Fund (IMF)

Dated:- 10-10-2015 - The Finance Minister Shri Arun Jaitley emphasized that the International Monetary Fund (IMF) plays a very important role in the global economy, especially in the current context. In his lead intervention in the Plenary Session of the International Monetary and Finance Committee (IMFC) of the International Monetary Fund (IMF) in Lima, Peru yesterday, the Finance Minister said that the IMF would be constrained in meeting its obligations if the IMF Quota and governance reforms .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

ly, he said that a couple of years back, India was suffering from double-digit inflation; now the inflation has dipped to a low of 3.7 percent. He said that the country is utilizing the regime of lower oil and commodity prices to increase investments in infrastructure and irrigation. Shri Jaitley said that India is also undertaking comprehensive subsidy rationalization and has successfully rolled out the largest financial inclusion initiative in the world under which around 185 million bank acco .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

he Investment policy, new policies and procedures to improve the business climate, a transparent policy on allocation of natural resources, etc. The Finance Minister informed that major taxation reforms are on the anvil, which require legislative action to become effective. The Union Finance Minister, Shri Arun Jaitley participated in the Plenary Session of the International Monetary and Finance Committee (IMFC) of the International Monetary Fund (IMF) in Lima, Peru yesterday. Consisting of 24 m .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

he Minister Shri Arun Jaitley said that the Indian economy grew by 7.3 percent during the last year, significantly better than 6.9 percent recorded the previous year of 2013-14. He stated that this year India expects to do even better. In her intervention, Ms Christine Lagarde, Managing Director, IMF acknowledged the subsidy reforms undertaken by India. India s growth performance was also noted by a few other Governors of the IMF as a bright spot , in the global economy. The Finance Minister Shr .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 



|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version